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Tuesday, October 24, 2023 12:13:03 PM
The warrants are not, never were, and were never intended to be collateral.
In complete agreement with you here.
The intended purpose of the warrants was to provide enhanced taxpayer value. This post addresses that.
Vehemently disagree. Purpose of the warrants was to drive PPS toward zero. This post addresses that. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128445366
New link to FASAB meeting minutes:
FASAB Meeting Minutes, October 22-23, 2008
https://files.fasab.gov/pdffiles/oct08mins.pdf
It is worthy to note Danny Werfel is our current Commissioner of the IRS, a division of Treasury.
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